The Brutalist Report

Fortune

• China’s AI startups can match the U.S.’s models. They can’t yet match the U.S.’s money [16d]
• ‘This is not sustainable’: Families with young kids are fleeing NYC’s high cost of living, and the schools are emptying out [16d]
• Microsoft shows off new Windows software, revamped for agentic AI [16d]
• OpenAI publishes solutions to more than 370 outstanding math challenges. The results divide mathematicians but most agree: math will never be the same [16d]
• Trump’s red-dyed diesel order sounds like a tax cut. Economists say it’s a 24-cent IOU that could raise prices for farmers [16d]
• FBI thwarts ‘radicalized young man’ after undercover sting operation where he bought an assault rifle to attack the Mall of America [16d]
• Drugs like Ozempic and Wegovy are linked to a lower risk of Alzheimer’s disease, new study says [16d]
• Trump’s $2 billion midterms health-care bribe will go to just 20.8 million Americans, less than one-third of Medicare recipients [16d]
• Trump administration wants schools to pay $70,000 fee for each international student in the OPT work program, as new foreign enrollment falls 17% [16d]
• Four tribes partner with Kalshi to launch prediction apps–a move that undercuts Native American opposition to the industry [16d]
• Trump says the U.S. is in ‘very deep discussions’ and will with speak ‘very soon’ with Putin over a possible plague case in Russia [16d]
• The new K-shaped economy splits the rich from the ultra-rich: The top 0.1% averages more than $200 million—and is pulling away from the rest of the 1% [16d]
• Trump’s tariffs were meant to shrink the trade deficit— but the $106 billion gap just reached its widest since before ‘Liberation Day’ [16d]
• Justin Casse passed on the family training business over 4:30 a.m. wake-ups. Now he owns stakes in about 100 racehorses across six countries [16d]
• I led the Big 10’s $2.4 billion public-capital venture. Here’s what college sports needs next [16d]
• How drone warfare is rewriting the economics of infrastructure [16d]
• Dropbox’s CTO wants every employee at the cloud-storage company to use AI. He’s letting them find their own ways to use it [16d]
• AI is a power tool. People are essential for using it [16d]
• The great Boomer hoard: Americans 55 and over hold $140 trillion, roughly three-quarters of total net worth [16d]
• Iraq devalued its currency as the Iran war squeezes its oil exports [16d]
• Billionaires have left the U.K. and taken $160 billion to the likes of Monaco, Switzerland, and the UAE—that’s more than those who stayed are worth [16d]
• IMF chief slams’ cowardice to make ‘tough political choices’ on AI, national debt: ‘you have the tools, now have the wisdom’ [16d]
• Republicans fear 2:1 cash advantage will lose to toxic Trump unpopularity: ‘A million dollars of advertising in October is a drop in the bucket’ [16d]
• Job-hopping got workers an 18% raise in 2022. Now it’s 8%—and Gen Z is hurt the most [16d]
• Linda Yaccarino spent 2 years as Elon Musk’s X CEO. She says his ‘insatiable sense of urgency’ is the secret to his trillionaire success [16d]
• Why the AI age calls for ‘founder mode’ [16d]
• Meet the two cofounders who went on a 10-month-long trip before starting their $350 million business—they say you should too [16d]
• How much you need to retire in every state after Social Security—from $644,000 in North Dakota to $1 million in New Jersey [16d]
• Baby boomers are skipping Florida for the Carolinas in retirement—and cheaper homes are only part of the reason [16d]
• Exclusive: Portal Ventures-backed Vest raises $13 million to build a proprietary trading firm that shares traders’ profits [16d]
• Meet 10 finance leaders on Fortune’s Most Powerful Women Asia list [16d]
• Current price of oil as of October 7, 2026 [16d]
• Why Oura delayed its IPO [16d]
• AI is heading toward a cash-flow negative inflection point, and spending will slow in 2027, Wall Street thinks [16d]
• ‘The secret world of secondaries’: How a niche area of finance is emerging as a new liquidity engine in the Gulf [16d]
• Saudi’s economic transformation collides with war and falling FDI [16d]
• Bayer’s CEO cut managers by 70%. Now comes the hard part [16d]
• A $13 billion property mogul is the latest to flee Britain’s new taxes for Monaco, a warning sign as California votes on a billionaire tax [16d]
• Will AI kill the Asian entertainment industry, or reinvent it? [16d]
• Citi shortens its analyst program to two years as Wall Street fights private equity for young talent [16d]
• $5 meals, $6 combos and fewer visits: McDonald’s barrage of deals isn’t winning customers back [16d]
• Exclusive: Meet the 38-year-old founder who left Wall Street for love and created an AI insurance unicorn a decade later [16d]
• Former CIA official with Top Secret clearance admits to $194 million fraud, including 298 gold bars and four luxury South Florida properties [17d]